From: Richard Kahn Sent: Wednesday, November 5, 2014 4:07 PM To: jeffrey E. Subject: Re: Global Black Balance 2014 and FY 2015 can i =all you to review open items on various other subjects? please =dvise Richard Kahn HBRK Associates =nc. 575 Lexington Avenue 4th Floor New York NY 10022 tel fax cell On Nov 5, 2014, at 11:02 AM, jeffrey E. <[email protected]> =rote: i thought pressented =erribly On Wed, Nov 5, 2014 at 11:59 AM, Richard Kahn =span dir="ltr" =rote: i thought schedules on initial email =ere not presented well (info, presentation, conciseness, =tc) attached schedule is better presentation =ut i believe they need to analyze cash flow monthly as there are many =oving pieces .. attached does not break down =014 / 2015 expenses also questioned a few numbers such as =015 EST taxes which seemed low, 1mm per month for only 3 households =eems high, townhouse construction 11mm seems low however maybe there is = lag to build waiting on design and permits, no fees included for =ou? should i review with rich joslin? please =dvise thanks Richard Kahn HBRK Associates =nc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel =a href="tel value=" =arget="_blank' EFTA_R1_01317564 EFTA02346535